Risks to consider before trading?

[Harlot]

Beware of analyst wannabe's. They are all over social media specially youtube whom just want to gain views for profit.

If in panic, try to get a breather. Do not force any trade just because you are not thinking straight anymore.

I won't say that they are all "wannabes" and all in for profit, after all it's their own analysis and we should be grateful that they are sharing their knowledge to us. Your only job is to check it for yourself and do your own research if what they are saying is true, and if it's near on what you have analyze for yourself. You can really learn a thing or two on what they are doing since traders have different approach on their analysis from analyzing it with waves to as simple as reading the volume and moving averages, you can never really go wrong by just checking them all out.

[bandungan]

Any other risks that I should be aware of before fully immersingm yself into trading crypto?

https://cryptotradernews.com/investing-trading/top-5-risks-to-consider-before-beginning-your-trading-career/


Let me know please, want to get as much help as possible!

the risk of losses due to coin selection errors can be a loss.  then the risk in managing mistakes when buying and selling.  This in my opinion must be right to be noticed before doing trading for beginner or professional traders

[Thanasis]

The main thing is the lack of greed. You need to be able to fix profits and not regret the loss of profits.

Don't regret about high profits if you hold it better,just accept what you made and keep trading for more and more profits.You will eventually make more profits by doing multiple trades.

[CryptoPowerL]

If you want to start trading now, then maybe you will succeed, because in a growing market it is easy to make a profit. But as soon as the correction, you will begin to experience serious losses.

[FanEagle]

Any other risks that I should be aware of before fully immersingm yself into trading crypto?

https://cryptotradernews.com/investing-trading/top-5-risks-to-consider-before-beginning-your-trading-career/


Let me know please, want to get as much help as possible!

I think you are right, the volatility is the biggest risk, right now bitcoin is about 11k, tomorrow morning we can wake up to bitcoin being either 5 thousand dollars or 15 thousand dollars and none of it would be shock to us, of course its always weird when bitcoin goes down 50% or goes up 50% but it is still not unbelievable and still not shocking, it is just either upsetting or very happy but not shocking.

This is due to bitcoin being so volatile that we are all used to it by now, we are not getting surprised about the incredibly weird movements of it. If you can get used to it you realize one thing though, if you win a lot of money all of a sudden you tend to cash it out and than waiting for a better price when it drops and if it drops than you wait because you know eventually it will go up.

[agatha90]

Risk management is one of the most important pillars in trading. A trader must think about this before starting trading. This is not a matter of how much profit a trader can achieve, but more important is how long a trader can survive in the highly competitive crypto market.

[joromz1226]

Base on what I observed here in crypto trading, most of the traders who get profit here are the  day traders. Because everyday they have a chance to get profit compare into long term holdings. You don't when will gonna kick its price in the market because the it is unpredictable and We all know that, right? therefore, as much as possible don't hold all your coins in a long term, though you can hold in long term but make sure it has a capacity to give you full satisfaction if you do it, just like Bitcoin and Ethereum.

[xSkylarx]

-Market is very volatile.
-Some altcoins are just pump and dump scheme so avoid buying those.
-DYOR, don't listen to some self proclaimed experts.
-Don't buy on FOMO.
-Don't be greedy, set a target gain then sell for profit.

There are many more others. You'll learn them as you progress.
As they say, experience is the best teacher.

[danherbias07]

Expect a wave that no one expects.

I have been on the contrary of every possible analysis of different youtuber.
It is a bet I am willing to take just so to make profit in an instant. Who knows when the price will suddenly fall. It is a good and thrilling experience.
I am not saying I am against all this pump. Just being extraordinary.

[EdenHazard]

If you want to start trading now, then maybe you will succeed, because in a growing market it is easy to make a profit. But as soon as the correction, you will begin to experience serious losses.

A good market it doesn't mean a good condition for some trader especially for new traders to get profit. Indeed, the market will be up easily with the current condition. But, the strategy is really needed when you start trading at least you have to know the candle pattern or use the strategy per candle. Because a trading is not about buy and sell only, you need an understanding make a buy and sell it will determine you get a profit or lose. More than that if you have an understanding how to trade then I believe you will know the correction that will come so it is not a problem that must be avoided.

[izanagi narukami]

Base on what I observed here in crypto trading, most of the traders who get profit here are the  day traders. Because everyday they have a chance to get profit compare into long term holdings....

Yes, day trader always make significant amount of profit but if we see the risk, you will find it's too difficult !
I'm suggesting to keep hold it for a long term, much better & less stress.

Trading always have the risk so we need to minimalize by experience from the expert !

[Distinctin]

~snip~

Yes, day trader always make significant amount of profit but if we see the risk, you will find it's too difficult !
I'm suggesting to keep hold it for a long term, much better & less stress.

Trading always have the risk so we need to minimalize by experience from the expert !

good psychology will help us to get out of any market conditions, be it bearish or bullish. panic sell does not only occur when bearish, but at bullish times we sometimes can't wait to release our assets

But mostly we find panic sellers during bear season, it obvious that they are worried about their funds to lose while still have time to save some.
Of course, I'll do the same if that is the only we can save it. It is a tough decision but I'll feel better to have this than to keep it holding even we know that certain coin has no future. Not unless to those top coins in the market.

[Pom_bensin]

risk of being ready to lose and ready to win. I think it's a risk that must be considered before trading, because in trading anything can happen and it can be one way to make sure whether it will be in trading or not according to the capabilities possessed

[Tungsten-1]

risk of being ready to lose and ready to win. I think it's a risk that must be considered before trading, because in trading anything can happen and it can be one way to make sure whether it will be in trading or not according to the capabilities possessed

I think it is nothing else but volatility of the cryptocurrency that drags you to risk and that gives you profits as well. When it is the bullish market, you are more likely to make some money in trading but if it is not bullish market, the prospects of making money in trading simply fades away. In addition, there is incentive to invest then. If you hold, you might not lose and rather make good money.

[Viscore]

risk of being ready to lose and ready to win. I think it's a risk that must be considered before trading, because in trading anything can happen and it can be one way to make sure whether it will be in trading or not according to the capabilities possessed

I think it is nothing else but volatility of the cryptocurrency that drags you to risk and that gives you profits as well. When it is the bullish market, you are more likely to make some money in trading but if it is not bullish market, the prospects of making money in trading simply fades away. In addition, there is incentive to invest then. If you hold, you might not lose and rather make good money.

Yes. Trading will definitely give us profits if we know how to deal with it, its bearish and bullish market. We can make more money in trading if we are able to take the risks through day trading. But if we chose to hold our coins, it will still be profitable especially when bullish season comes.

[cryptoblazter]

The risk you're putting here in cryptocurrency trading is losing everything in your capital. Trading requires a lot of guts and skills minus the emotions. There are periods here in cryptocurrency wherein even skilled traders are losing, what more with beginners.

[iMark]

The main thing is the lack of greed. You need to be able to fix profits and not regret the loss of profits.

Don't regret about high profits if you hold it better,just accept what you made and keep trading for more and more profits.You will eventually make more profits by doing multiple trades.

Especially when the conditions are bullish like now, many traders want to get the maximum profit, by holding it longer.
even though it is in bullish, corrections often occur also you know, and when that happens you just waste the opportunity.

[MinMan]

Any other risks that I should be aware of before fully immersingm yself into trading crypto?

https://cryptotradernews.com/investing-trading/top-5-risks-to-consider-before-beginning-your-trading-career/


Let me know please, want to get as much help as possible!

There is high manipulation in cryptocurrency and anyone who is investing in cryptocurrency should really be aware of that. And I think you should be avoiding small cheap coins for now that you're still a newbie, cause there are people whose work is to be rotating from one small coin to another and what they do is go in groups so that they can pump any coin they get into it and after they will dump it and go for another coin. They will pump the coin and it will start to grow in price, some novice will think that the market is growing and jump in, the next thing the market will dumped on them and they will lose their money. So be careful.

[zhekinsp]

Any other risks that I should be aware of before fully immersingm yself into trading crypto?

https://cryptotradernews.com/investing-trading/top-5-risks-to-consider-before-beginning-your-trading-career/


Let me know please, want to get as much help as possible!

most importantly we need don't consider about the trust a involved with that because if we had no confidence about our experience in reading then nothing will going on properly so more than anything we need to trust that then only it is possible.

[coin_1122]

Risk is the most common factor in every aspect of the investment, before investing we should learn their basics but when it comes to trading it is impossible to predict whether we are going to money but with the knowledge we have, we should stay strong in the market and hold until we make a profit.